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Showing 791 - 800 of 12178 results for "May"

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... Australia's (RBA) target range of 2-3%. "While market consensus has shifted towards an 80% probability of the next cut being in May, we don't see this happening until later in the year," Chesler said. "The recent rate cut doesn't mean we have inflation ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... minimum initial investment of $100,000. The fund returned 6.41% for the past 12 months as at January 31. Further, investors may "crystallise" a taxable gain or loss in respect of their units in the fund. "The fund will also crystallise gains or losses ...

Cbus appoints deputy investment chief

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... for five years following a long career advising super funds at Frontier Advisors. Campbell, whose departure was announced in May 2024, left the fund after four years. Cbus chief investment officer Brett Chatfield said that the appointment reflected the ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... the Competition in Clearing and Settlement (CiCS) services reforms passed in September 2023 and enlivened by the minister in May 2024.In 2023, Treasury said the new laws essentially provide ASIC with powers to implement and enforce requirements for a ...

PIMCO local managing director to step down

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... as head of Australia. Watkins was appointed executive vice president and head of business for Australia and New Zealand in May 2022. He was tasked with overseeing the local business management functions and reported to the head of Asia Pacific Alec Kersman. ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... identify and merge members' multiple accounts in the way the law required for the period between 13 March 2019 and 11 May 2023. Some 42,551 beneficiaries were affected. ASIC instigated action in October 2024, alleging that the $360 billion super ...

Perennial beefs up sales team

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... June 2020 as a business development manager before being promoted to regional manager for New South Wales and Queensland in May 2022. Curtis previously worked at Liverpool Partners, a specialist investment group focused on lower mid-market opportunities ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... remain," Taylor said. "BUSSQ continues to maintain that as the regulator it is APRA's role to investigate any concerns they may have on any matter within a superannuation fund." Taylor added that APRA had previously scrutinised BUSSQ's fit and ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... rate decreasing to 3% in 2026 with a "high degree of uncertainty around that." "Whether the RBA cut in February or April or May, doesn't really fundamentally change [clients'] investment strategy. What does matter, though, is how far interest ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... just $2.1 billion with 11,803 member accounts. ClearView has consolidated its superannuation products in recent years. On 19 May 2022, ClearView Superannuation and Roll-Overs and ClearView Pension Plan members transferred to the ClearView WealthFoundations ...